Circuit Breaker Market to exceed $8.68 Billion by 2022

The global circuit breaker market was valued at USD 6.62 Billion in 2016 and is projected to reach USD 8.68 Billion by 2022, growing at a CAGR of 4.85%, from 2017 to 2022. Growing access to electricity in developing countries, increasing construction and developmental activities, and the rising number of renewable power generation projects are the major drivers that would trigger growth in the circuit breaker market.